new - 2 days on rocket

10789 Towner Ave NE, Albuquerque, NM, 87112

$399,900

Home List Price

$4,749*

Closing Credit

1 Bedroom
1 Bath
3,064 SqFt
$131/SqFt
Multi

Location

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10789 Towner Ave NE, Albuquerque$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1972
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #1074053
Lot Size0.18 Acres
StatusActive

About 10789 Towner Ave NE

Investor Special in Northeast HeightsThis 4-plex is packed with potential and ready for your upgrades! Located in a high-demand area, each unit features private entrances, ample parking, and unbeatable proximity to schools, parks, and shopping. While it needs work, each unit is vacant and ready for savvy investors to modernize and maximize rental income! Don't miss this rare value-add opportunity in a prime location--schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 3,064 SqFt

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Tracy L Morelock

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Menaul Blvd between Morris and Juan Tabo South on Prospect, take a left on Martha, another left on Prospect which turns into Towner. Fourplex is on the left side in the curve.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $131/SqFt

Tax Information:

  • Annual Amount: $3,337
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

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Albuquerque, NM

City

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

10789 Towner Ave NE vs Albuquerque

2 DAYS ON ROCKET

-31 Days

$399,900

+$55.8K More

$131/SqFt

-$74 Less

KEY TAKEAWAY

This property is $55.8K more than the Median Sold Price and $74/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1074053

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Tracy L Morelock

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2019Home Sold
$224,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,337$77,792
2019$2,677$82,392
2018$2,595$62,858
2017$2,595$61,027

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-605351
6
/10

  • Collet Park Elementary School

  • 2100 Morris St NE

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-605352
3
/10

  • Matheson Park Elementary School

  • 10809 Lexington Ave NE

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-605353
4
/10

  • Janet Kahn Fine Arts Academy

  • 9717 Indian School Rd NE

  • 0.98 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,289. Typical income of Albuquerque, NM residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87112›10789 Towner Ave NE

This home is located at 10789 Towner Ave NE in Albuquerque, NM and zip code 87112 in the Northeast Albuquerque neighborhood. This 3,064 square foot home, which was built in 1972, sits on a 0.18 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $399,900.

In October 2024, from all listings sold in Albuquerque, NM there were more than 94 sold above asking price, over 288 sold below and more than 148 were sold right at the asked price. The inventory of homes for sale in Albuquerque, NM between September 2024 and October 2024 decreased by 8.2%. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $344,019.

From Rocket Homes Real Estate and based on county public records data.

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